Morningside – The Finer Side of Life

Morningside – The Finer Side of Life

Private Property South Africa
Lea Jacobs

The history of the city of Durban started when the Portuguese navigator, Vasco Da Gama discovered the bay on Christmas Day in 1497 and named it Terra de Natal, or Land of the Nativity. In the early 19th century, British settlers renamed the site Durban, after the then Governor of the Cape, Benjamin D’Urban. In 1839 the small port town of Durban began to take shape and almost a century later, in 1935, it was granted city status.

The leafy suburb of Morningside has always been regarded as one of the better residential areas and offers graceful living coupled with easy access to the city centre. The large colonial stately homes that dot the hillside illustrate that the suburb has always appealed to those who appreciate the finer things in life. Many of the homes that truly reflect the city’s strong colonial roots have been sensitively restored to their former glory. Some of the older mansions have been converted into apartments, which add a bohemian twist to the atmosphere and allure of the area.

Characterised by the well-known Essenwood Market, pavement cafés, art galleries and shops, the suburb offers a wealth of amenities and is close to Durban Country Club, Mitchell Park and Jameson Park. Some of the city’s most respected schools are also situated in the area, offering parents a wide choice of excellent educational facilities for their offspring.

Recent property articles reveal that many at the upper end of the market are buying into the area. Those who want to be able to enjoy the best of both worlds by living in a luxurious, spacious home without having to deal with the upkeep and maintenance of freehold property, are opting to purchase high-end sectional title apartments, leading to an increase in this section of the market.

According to recent statistics released by Lightstone, there have been a total of 248 transfers in the area in the last 12 months, amounting to a staggering R234 718-million. The average price paid for freehold property was R1 564-million and the sectional title average came in at R727 000. The suburb appeals to the younger set and 36 percent of recent buyers were between the ages of 18 and 35 years who, on average, earn between R24 000 and R37 000 per month.

With sweeping views of the hills surrounding Durban, magnificent sea views and spectacular views of the impressive Moses Mabhida Stadium, Morningside is set to retain its rightful ranking as one of the top residential suburbs within the eThekweni Municipal area.

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